SlideShare a Scribd company logo
1 of 27
Marketing Research
Ph_Eyad@yahoo.com
Marketing Research
 Is the systematic design, collection, analysis,
and reporting of data and findings relevant to
a specific marketing situation facing the
company.
 It could be:
Primary or secondary
Primary research:
Original research performed by individual
researchers or organization to met specific
objectives
 Examples of primary research:
1. Personal interview
2. Focus groups
3. telephone interviews
4. Mailing questionnaires
Secondary Research:
Locating secondary data which was generated for some
purpose other than the present research objectives.
 Sources of Secondary data:
1. Internal sources
2. Government publications
3. Periodicals and books
4. Commercial data
 Examples of secondary research:
1. Prescriptions, Sales activity, promotion audits
2. Trade journals, annual reports, etc
3. Internal sources (e.g. Sales representative
call reports, budget updates).
 Types of Marketing Research:
1. Desk Research
2. Qualitative Research
3. Quantitative Research
Marketing Research
Desk Research
 This type of research is available to
everybody, and gives an idea about what
is happening and not why is it
happening?
 Does not address the exact problem.
Marketing Research
• Helps give us new ideas
• Subjective in nature
• It could be a helpful step towards designing a
quantitative research
1. Focus Group: Talk freely
2. Depth Interview: Face to face interview
3. Projective Techniques
4. Metaphor Analysis
Hints for a Good Focus Group
 Assemble 6-10 people who you think would buy your product.
 Gather in an informal, relaxed setting.
 Use someone who is an excellent interviewer /moderator
with good listening skills.
 I initiate open-ended questions.
 Listen as participants share ideas, respond to one another and
stimulate one another’s thinking.
 Gently guide the discussion for no more than one hour.
 Take notes during the session and also audio tape it for
accuracy.
Quantitative Research
 Gives us numerical data and helps us choose
between alternatives about something that we
are familiar with.
 Objective and descriptive in nature.
Quantitative Research
 Data Collection:
 Observational
 Experimentation
 Surveys:
1. Personal interview
2. Phone
3. Direct mail
4. E-mail
Observation Methods
 Direct contact with subject is avoided to reduce
possible awareness of observation process.
 Physical conditions, subject actions, and
demographics are noted.
 Observation may be combined with same
subject interviews.
 Data gathered may influenced by observer bias.
Experimentation
 Experiment
 A research method that attempts to maintain
(control) certain variables while measuring the
effects of experimental (uncontrolled) variables
 Independent variable: acts on the dependent
variable
 Dependent variable: is affected by variations in
the independent variable
Creating a Print Survey
 Keep questions short, simple and to the point.
 Make it very easy for the respondent to
complete. Have someone who is not familiar
with the survey give you a critique.
 Surveys should take no longer than 5-10 minutes
to complete.
 Be careful not to bias the answers with your
question construction.
 Say. ‘’ Thank you.’’
Offer respondents some reward for completing
the survey ( money, discounts, prizes, etc.).
Quantitative Research
 Data Collection Instruments:
1. Questionnaires
2. Attitude Scales
 Likert Scale
 Satisfaction Measures
 Importance Scales
 Semantic Differential Scale
 Behavior Intention Scales
 Rank Order Scale
Attitude Scales
 Likert Scale
Strongly
Disagree
Somewhat
Disagree
Neither
Agree nor
Disagree
Somewhat
Agree
Strongly
Agree
Attitude Scales
 Satisfaction Measures:
Very
Dissatisfied
Somewhat
Dissatisfied
Neither
Satisfied
nor
Dissatisfied
Somewhat
Satisfied
Very
Satisfied
Attitude Scales
 Importance Scales:
Not al All
Important
Somewhat
Unimportan
t
Neither
Important
nor
Unimportant
Somewhat
Important
Extremely
Important
Attitude Scales
 Behavior Intention Scales:
Definitely
Will Not
(Prescribe)
Probably
Will Not
(Prescribe)
Might or
Might Not
(Prescribe)
Probably
Will
(Prescribe)
Definitely
Will
(Prescribe)
Attitude Scales
 Rank Order Scale: Rank the
following options by placing
number from 1 (Most
Favorable)
To 5 (Least Favorable).
-----Option X
-----Option Y
-----Option Z
-----Option M
-----Option N
Marketing Research
 Types of Samples:
 Probability Samples:
1. Simple Random Sample
2. Stratified Random Sample
3. Cluster (Area) Sample
 Non-Probability Samples:
1. Convenience Sample
2. Judgment Sample
3. Quota Sample
Marketing Research
 The Marketing Research Process:
1. Define the problem and Research Objectives
‘’ It isn’t that they can’t see Solution.
It is that they can’t see the problem’’ G. K.
Chesterton
(1874-1936)
2. Design the research plan
3. Collect Secondary Data
4. Sample design
5. Collect Primary Data
6. Analyze the information
7. Write the final report and present the findings
Marketing Research
 the product manager must:
1. Know the principles of marketing research
2. Oversee the process
3. Ensure that objectives are clear and
meaningful
4. Ensure that the project is well planned and
well executed
5. Be responsible for the results
Marketing Research
Systematic: Carefully planned process,
Qualitatively and quantitatively significant.
Unbiased: Interest in adjective data, not
Prejudiced by preconceived ideas.
All: Comprehensive analysis and evaluation of the
environments that impact our business.
Marketing Research Planner
 User checklist :
1. What is the problem? What is the
opportunity?
2. What are the specific objectives?
3. What information is needed?
4. What are the benefits?
5. How much will the study cost?
Marketing Research Planner
Research Checklist:
1. Problem analysis: Agree with user?
2. Objectives of the study: Agree with user?
3. Type of Study: Qualitative? Quantitative? Both?
4. Target group
5. Data collection method
6. Sample type and size
7. Schedule: Start dates and finish dates
8. Estimated costs
9. Will a marketing research agency be used? If so, who?
10. Who will supervise the agency?

More Related Content

What's hot

Marketing research
Marketing researchMarketing research
Marketing research
ankitaun
 
3 marketing research
3 marketing research3 marketing research
3 marketing research
rrhhoohhii
 

What's hot (20)

Introduction to marketing research
Introduction to marketing researchIntroduction to marketing research
Introduction to marketing research
 
Marketing research
Marketing researchMarketing research
Marketing research
 
The+Six+Steps+In+Marketing+Research
The+Six+Steps+In+Marketing+ResearchThe+Six+Steps+In+Marketing+Research
The+Six+Steps+In+Marketing+Research
 
Applied Marketing Research: An Introduction
Applied Marketing Research: An IntroductionApplied Marketing Research: An Introduction
Applied Marketing Research: An Introduction
 
Market Research Process
Market Research ProcessMarket Research Process
Market Research Process
 
The Process of Marketing Research
The Process of Marketing ResearchThe Process of Marketing Research
The Process of Marketing Research
 
Concept of marketing by Pranesh Mishra (Brandscapes Worldwide)
Concept of marketing by Pranesh Mishra (Brandscapes Worldwide)Concept of marketing by Pranesh Mishra (Brandscapes Worldwide)
Concept of marketing by Pranesh Mishra (Brandscapes Worldwide)
 
Marketing Research
Marketing ResearchMarketing Research
Marketing Research
 
Marketing Research Methods
Marketing Research MethodsMarketing Research Methods
Marketing Research Methods
 
The problem definition process for marketing research problem
The problem definition process for marketing research problemThe problem definition process for marketing research problem
The problem definition process for marketing research problem
 
3 marketing research
3 marketing research3 marketing research
3 marketing research
 
Summary of marketing research by aaker
Summary of marketing research by aakerSummary of marketing research by aaker
Summary of marketing research by aaker
 
Market research
Market researchMarket research
Market research
 
Chapter 3 Conducting Marketing Research
Chapter 3 Conducting Marketing ResearchChapter 3 Conducting Marketing Research
Chapter 3 Conducting Marketing Research
 
The Consumer Research Process
The Consumer Research ProcessThe Consumer Research Process
The Consumer Research Process
 
Steps in marketing research process
Steps in marketing research processSteps in marketing research process
Steps in marketing research process
 
1.nature and scope of mr
1.nature and scope of mr1.nature and scope of mr
1.nature and scope of mr
 
IMM Module 2 - VTU MBA
IMM Module 2 - VTU MBAIMM Module 2 - VTU MBA
IMM Module 2 - VTU MBA
 
The Value of Market Research
The Value of Market ResearchThe Value of Market Research
The Value of Market Research
 
Consumer Behavior Chapter 2
Consumer Behavior Chapter 2Consumer Behavior Chapter 2
Consumer Behavior Chapter 2
 

Similar to Marketing research

Market research process
Market research processMarket research process
Market research process
Shagun Lidhoo
 
Marketing Research Assignment
Marketing Research AssignmentMarketing Research Assignment
Marketing Research Assignment
Maha H
 
Introduction to Market Research
Introduction to Market ResearchIntroduction to Market Research
Introduction to Market Research
Kan K.
 

Similar to Marketing research (20)

Lecture 6 Market Research in powerpointt
Lecture 6 Market Research in powerpointtLecture 6 Market Research in powerpointt
Lecture 6 Market Research in powerpointt
 
Market research process
Market research processMarket research process
Market research process
 
Market research process
Market research processMarket research process
Market research process
 
Design marketing research
Design marketing researchDesign marketing research
Design marketing research
 
Marketing Research
Marketing ResearchMarketing Research
Marketing Research
 
NCV 3 Business Practice Hands-On Support Slide Show - Module 6
NCV 3 Business Practice Hands-On Support Slide Show - Module 6NCV 3 Business Practice Hands-On Support Slide Show - Module 6
NCV 3 Business Practice Hands-On Support Slide Show - Module 6
 
Module 5-Marketing research.ppt
Module 5-Marketing research.pptModule 5-Marketing research.ppt
Module 5-Marketing research.ppt
 
Attachments 2012 06_18
Attachments 2012 06_18Attachments 2012 06_18
Attachments 2012 06_18
 
Advanced Marketing Management Class 6
Advanced Marketing Management Class 6Advanced Marketing Management Class 6
Advanced Marketing Management Class 6
 
Marketing Research Assignment
Marketing Research AssignmentMarketing Research Assignment
Marketing Research Assignment
 
5 step approach to successful marketing research
5 step approach to successful marketing research5 step approach to successful marketing research
5 step approach to successful marketing research
 
Research design
Research designResearch design
Research design
 
Marketing research
Marketing researchMarketing research
Marketing research
 
Ch .Steps In Research Process
Ch .Steps In Research ProcessCh .Steps In Research Process
Ch .Steps In Research Process
 
Steps in research process...mejo k george
Steps in research process...mejo k georgeSteps in research process...mejo k george
Steps in research process...mejo k george
 
Chapter 2 Consumer Reserch
Chapter 2 Consumer ReserchChapter 2 Consumer Reserch
Chapter 2 Consumer Reserch
 
Lecture on marketing research.
Lecture on marketing research.Lecture on marketing research.
Lecture on marketing research.
 
Introduction to Market Research
Introduction to Market ResearchIntroduction to Market Research
Introduction to Market Research
 
Unit 1 introduction_to_marketing_research - copy
Unit 1 introduction_to_marketing_research - copyUnit 1 introduction_to_marketing_research - copy
Unit 1 introduction_to_marketing_research - copy
 
252187744-Marketing-research-process-ppt.ppt
252187744-Marketing-research-process-ppt.ppt252187744-Marketing-research-process-ppt.ppt
252187744-Marketing-research-process-ppt.ppt
 

More from eyad-gh

More from eyad-gh (14)

SWOT Analysis, BCG Matrix, GE Matrix , Business level strategies
SWOT Analysis, BCG Matrix, GE Matrix , Business level strategiesSWOT Analysis, BCG Matrix, GE Matrix , Business level strategies
SWOT Analysis, BCG Matrix, GE Matrix , Business level strategies
 
Price strategy
Price strategyPrice strategy
Price strategy
 
Integrated marketing communications strategy
Integrated marketing communications strategyIntegrated marketing communications strategy
Integrated marketing communications strategy
 
Medical representative performance
Medical representative performanceMedical representative performance
Medical representative performance
 
Brand equity of pharmaceutical companies
Brand equity of pharmaceutical companiesBrand equity of pharmaceutical companies
Brand equity of pharmaceutical companies
 
Setting product strategy
Setting product strategySetting product strategy
Setting product strategy
 
what is personality?
what is personality?what is personality?
what is personality?
 
The self
The selfThe self
The self
 
Organizational and household decision copy
Organizational and household decision copyOrganizational and household decision copy
Organizational and household decision copy
 
Motivation and global values
Motivation and global valuesMotivation and global values
Motivation and global values
 
Learning and memory
Learning and memoryLearning and memory
Learning and memory
 
Consumer behavior
Consumer behavior Consumer behavior
Consumer behavior
 
Marketing plan
 Marketing plan Marketing plan
Marketing plan
 
1 introduction marketing concepts
1 introduction marketing concepts1 introduction marketing concepts
1 introduction marketing concepts
 

Recently uploaded

zidauu _business communication.pptx /pdf
zidauu _business  communication.pptx /pdfzidauu _business  communication.pptx /pdf
zidauu _business communication.pptx /pdf
zukhrafshabbir
 
Presentation4 (2) survey responses clearly labelled
Presentation4 (2) survey responses clearly labelledPresentation4 (2) survey responses clearly labelled
Presentation4 (2) survey responses clearly labelled
CaitlinCummins3
 
Jual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg Pfizer
Jual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg PfizerJual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg Pfizer
Jual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg Pfizer
Pusat Herbal Resmi BPOM
 
ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...
ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...
ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...
brennadilys816
 
(( wa 0851/7541/5434 )) Jual Obat Aborsi Di Surabaya - Cytotec Misoprostol 20...
(( wa 0851/7541/5434 )) Jual Obat Aborsi Di Surabaya - Cytotec Misoprostol 20...(( wa 0851/7541/5434 )) Jual Obat Aborsi Di Surabaya - Cytotec Misoprostol 20...
(( wa 0851/7541/5434 )) Jual Obat Aborsi Di Surabaya - Cytotec Misoprostol 20...
Spesiialis Kandungan BPOM
 
Apotik Jual Obat Aborsi asli Mataram, Wa : 085180626899 - Penjual obat Cytote...
Apotik Jual Obat Aborsi asli Mataram, Wa : 085180626899 - Penjual obat Cytote...Apotik Jual Obat Aborsi asli Mataram, Wa : 085180626899 - Penjual obat Cytote...
Apotik Jual Obat Aborsi asli Mataram, Wa : 085180626899 - Penjual obat Cytote...
jual Obat Aborsi Bandung, Wa : 085180626899 Apotik jual Obat Cytotec Di Bandung
 

Recently uploaded (20)

How to refresh to be fit for the future world
How to refresh to be fit for the future worldHow to refresh to be fit for the future world
How to refresh to be fit for the future world
 
WAM Corporate Presentation May 2024_w.pdf
WAM Corporate Presentation May 2024_w.pdfWAM Corporate Presentation May 2024_w.pdf
WAM Corporate Presentation May 2024_w.pdf
 
zidauu _business communication.pptx /pdf
zidauu _business  communication.pptx /pdfzidauu _business  communication.pptx /pdf
zidauu _business communication.pptx /pdf
 
Pay after result spell caster (,$+27834335081)@ bring back lost lover same da...
Pay after result spell caster (,$+27834335081)@ bring back lost lover same da...Pay after result spell caster (,$+27834335081)@ bring back lost lover same da...
Pay after result spell caster (,$+27834335081)@ bring back lost lover same da...
 
Creative Ideas for Interactive Team Presentations
Creative Ideas for Interactive Team PresentationsCreative Ideas for Interactive Team Presentations
Creative Ideas for Interactive Team Presentations
 
Presentation4 (2) survey responses clearly labelled
Presentation4 (2) survey responses clearly labelledPresentation4 (2) survey responses clearly labelled
Presentation4 (2) survey responses clearly labelled
 
wagamamaLab presentation @MIT 20240509 IRODORI
wagamamaLab presentation @MIT 20240509 IRODORIwagamamaLab presentation @MIT 20240509 IRODORI
wagamamaLab presentation @MIT 20240509 IRODORI
 
Copyright: What Creators and Users of Art Need to Know
Copyright: What Creators and Users of Art Need to KnowCopyright: What Creators and Users of Art Need to Know
Copyright: What Creators and Users of Art Need to Know
 
Raising Seed Capital by Steve Schlafman at RRE Ventures
Raising Seed Capital by Steve Schlafman at RRE VenturesRaising Seed Capital by Steve Schlafman at RRE Ventures
Raising Seed Capital by Steve Schlafman at RRE Ventures
 
Jual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg Pfizer
Jual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg PfizerJual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg Pfizer
Jual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg Pfizer
 
PitchBook’s Guide to VC Funding for Startups
PitchBook’s Guide to VC Funding for StartupsPitchBook’s Guide to VC Funding for Startups
PitchBook’s Guide to VC Funding for Startups
 
1Q24_EN hyundai capital 1q performance
1Q24_EN   hyundai capital 1q performance1Q24_EN   hyundai capital 1q performance
1Q24_EN hyundai capital 1q performance
 
ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...
ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...
ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...
 
5 Brilliant Ways To Buy Verified Payoneer Accounts In 2024
5 Brilliant Ways To Buy Verified Payoneer Accounts In 20245 Brilliant Ways To Buy Verified Payoneer Accounts In 2024
5 Brilliant Ways To Buy Verified Payoneer Accounts In 2024
 
How Do Venture Capitalists Make Decisions?
How Do Venture Capitalists Make Decisions?How Do Venture Capitalists Make Decisions?
How Do Venture Capitalists Make Decisions?
 
Hyundai capital 2024 1q Earnings release
Hyundai capital 2024 1q Earnings releaseHyundai capital 2024 1q Earnings release
Hyundai capital 2024 1q Earnings release
 
HAL Financial Performance Analysis and Future Prospects
HAL Financial Performance Analysis and Future ProspectsHAL Financial Performance Analysis and Future Prospects
HAL Financial Performance Analysis and Future Prospects
 
Stages of Startup Funding - An Explainer
Stages of Startup Funding - An ExplainerStages of Startup Funding - An Explainer
Stages of Startup Funding - An Explainer
 
(( wa 0851/7541/5434 )) Jual Obat Aborsi Di Surabaya - Cytotec Misoprostol 20...
(( wa 0851/7541/5434 )) Jual Obat Aborsi Di Surabaya - Cytotec Misoprostol 20...(( wa 0851/7541/5434 )) Jual Obat Aborsi Di Surabaya - Cytotec Misoprostol 20...
(( wa 0851/7541/5434 )) Jual Obat Aborsi Di Surabaya - Cytotec Misoprostol 20...
 
Apotik Jual Obat Aborsi asli Mataram, Wa : 085180626899 - Penjual obat Cytote...
Apotik Jual Obat Aborsi asli Mataram, Wa : 085180626899 - Penjual obat Cytote...Apotik Jual Obat Aborsi asli Mataram, Wa : 085180626899 - Penjual obat Cytote...
Apotik Jual Obat Aborsi asli Mataram, Wa : 085180626899 - Penjual obat Cytote...
 

Marketing research

  • 2. Marketing Research  Is the systematic design, collection, analysis, and reporting of data and findings relevant to a specific marketing situation facing the company.  It could be: Primary or secondary
  • 3. Primary research: Original research performed by individual researchers or organization to met specific objectives  Examples of primary research: 1. Personal interview 2. Focus groups 3. telephone interviews 4. Mailing questionnaires
  • 4. Secondary Research: Locating secondary data which was generated for some purpose other than the present research objectives.  Sources of Secondary data: 1. Internal sources 2. Government publications 3. Periodicals and books 4. Commercial data
  • 5.  Examples of secondary research: 1. Prescriptions, Sales activity, promotion audits 2. Trade journals, annual reports, etc 3. Internal sources (e.g. Sales representative call reports, budget updates).
  • 6.  Types of Marketing Research: 1. Desk Research 2. Qualitative Research 3. Quantitative Research
  • 7. Marketing Research Desk Research  This type of research is available to everybody, and gives an idea about what is happening and not why is it happening?  Does not address the exact problem.
  • 8. Marketing Research • Helps give us new ideas • Subjective in nature • It could be a helpful step towards designing a quantitative research 1. Focus Group: Talk freely 2. Depth Interview: Face to face interview 3. Projective Techniques 4. Metaphor Analysis
  • 9. Hints for a Good Focus Group  Assemble 6-10 people who you think would buy your product.  Gather in an informal, relaxed setting.  Use someone who is an excellent interviewer /moderator with good listening skills.  I initiate open-ended questions.  Listen as participants share ideas, respond to one another and stimulate one another’s thinking.  Gently guide the discussion for no more than one hour.  Take notes during the session and also audio tape it for accuracy.
  • 10. Quantitative Research  Gives us numerical data and helps us choose between alternatives about something that we are familiar with.  Objective and descriptive in nature.
  • 11. Quantitative Research  Data Collection:  Observational  Experimentation  Surveys: 1. Personal interview 2. Phone 3. Direct mail 4. E-mail
  • 12. Observation Methods  Direct contact with subject is avoided to reduce possible awareness of observation process.  Physical conditions, subject actions, and demographics are noted.  Observation may be combined with same subject interviews.  Data gathered may influenced by observer bias.
  • 13. Experimentation  Experiment  A research method that attempts to maintain (control) certain variables while measuring the effects of experimental (uncontrolled) variables  Independent variable: acts on the dependent variable  Dependent variable: is affected by variations in the independent variable
  • 14. Creating a Print Survey  Keep questions short, simple and to the point.  Make it very easy for the respondent to complete. Have someone who is not familiar with the survey give you a critique.  Surveys should take no longer than 5-10 minutes to complete.  Be careful not to bias the answers with your question construction.  Say. ‘’ Thank you.’’
  • 15. Offer respondents some reward for completing the survey ( money, discounts, prizes, etc.).
  • 16. Quantitative Research  Data Collection Instruments: 1. Questionnaires 2. Attitude Scales  Likert Scale  Satisfaction Measures  Importance Scales  Semantic Differential Scale  Behavior Intention Scales  Rank Order Scale
  • 17. Attitude Scales  Likert Scale Strongly Disagree Somewhat Disagree Neither Agree nor Disagree Somewhat Agree Strongly Agree
  • 18. Attitude Scales  Satisfaction Measures: Very Dissatisfied Somewhat Dissatisfied Neither Satisfied nor Dissatisfied Somewhat Satisfied Very Satisfied
  • 19. Attitude Scales  Importance Scales: Not al All Important Somewhat Unimportan t Neither Important nor Unimportant Somewhat Important Extremely Important
  • 20. Attitude Scales  Behavior Intention Scales: Definitely Will Not (Prescribe) Probably Will Not (Prescribe) Might or Might Not (Prescribe) Probably Will (Prescribe) Definitely Will (Prescribe)
  • 21. Attitude Scales  Rank Order Scale: Rank the following options by placing number from 1 (Most Favorable) To 5 (Least Favorable). -----Option X -----Option Y -----Option Z -----Option M -----Option N
  • 22. Marketing Research  Types of Samples:  Probability Samples: 1. Simple Random Sample 2. Stratified Random Sample 3. Cluster (Area) Sample  Non-Probability Samples: 1. Convenience Sample 2. Judgment Sample 3. Quota Sample
  • 23. Marketing Research  The Marketing Research Process: 1. Define the problem and Research Objectives ‘’ It isn’t that they can’t see Solution. It is that they can’t see the problem’’ G. K. Chesterton (1874-1936) 2. Design the research plan 3. Collect Secondary Data 4. Sample design 5. Collect Primary Data 6. Analyze the information 7. Write the final report and present the findings
  • 24. Marketing Research  the product manager must: 1. Know the principles of marketing research 2. Oversee the process 3. Ensure that objectives are clear and meaningful 4. Ensure that the project is well planned and well executed 5. Be responsible for the results
  • 25. Marketing Research Systematic: Carefully planned process, Qualitatively and quantitatively significant. Unbiased: Interest in adjective data, not Prejudiced by preconceived ideas. All: Comprehensive analysis and evaluation of the environments that impact our business.
  • 26. Marketing Research Planner  User checklist : 1. What is the problem? What is the opportunity? 2. What are the specific objectives? 3. What information is needed? 4. What are the benefits? 5. How much will the study cost?
  • 27. Marketing Research Planner Research Checklist: 1. Problem analysis: Agree with user? 2. Objectives of the study: Agree with user? 3. Type of Study: Qualitative? Quantitative? Both? 4. Target group 5. Data collection method 6. Sample type and size 7. Schedule: Start dates and finish dates 8. Estimated costs 9. Will a marketing research agency be used? If so, who? 10. Who will supervise the agency?